India Interested in Iraqi Refineries

India is interested in building refineries and petrochemical plants in Iraq, according to a report from the Economic Times.

Oil Minister M Veerappa Moily (pictured), who led a 28-member delegation to participate in the 17th India-Iraq Joint Commission meeting in Baghdad, expressed interest in setting up gas-based projects including fertiliser plants.

He also emphasised the need to deepen the relationship between the two countries by increasing economic cooperation, and offered to share knowledge and expertise in agriculture, infrastructure technology, and pharmaceuticals.

In the discussions with Deputy Prime Minister Dr Saleh al-Mutlaq, the delegation discussed cooperation and possibilities in the oil and gas sector, and also in other sectors such as steel and railways.